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Insolvency and Administration
13:07, 26 MAY 2023
Former In The Style owner fails to secure shareholder backing to de-list from AIM and enter liquidation
North West
In The Style's operating company, In The Style Fashion was bought by Baaj Capital LLP in March
Bookmark
'Triple whammy' of issues force company behind Manchester Food and Drink Festival into liquidation
North West
The festival has brought a host of world-famous names to Manchester, with the likes of Gordon Ramsay, Jamie Oliver, Tom Kerridge and Michel Roux all having been guests of the festival in past years
Bookmark
Gateshead's Kitchens Plus sold out of administration to sister company saving 77 jobs
Insolvency and Administration
The firm had expanded its North East showroom network in recent years but more recently had felt the impact of inflationary pressures
Bookmark
Over £24m owed by loan provider Auden Group as it collapsed into administration with loss of almost 140 jobs
North West
The business had been funded through shareholder capital and loans
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South West late invoice numbers fall by over 141,000, according to new research by R3
Insolvency and Administration
South West’s year-on-year reduction in overdue invoices was the third highest of all the regions and nations in the UK
Bookmark
Number of Welsh firms facing insolvency activities reaches year high
Enterprise
Figures for Apirl have been published by insolvency and restructuring trade body R3
Bookmark
Virgin Orbit shuts down months after failed space launch from Cornwall
Aerospace
Richard Branson’s US firm, which attempted to shoot a rocket into orbit from the UK’s only licensed spaceport at Cornwall Airport Newquay, said it would sell its assets to four winning bidders
Bookmark
Welsh family ice cream firm collapses owing creditors £3m
Insolvency and Administration
Administrator's were appointed to Frank's Ice Cream in March this year
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Insolvencies surge helps Begbies Traynor raise expectations
North West
The group said it has seen a 'good momentum' in new insolvency appointments as well as a 'significant' increase in higher value cases
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South Shields hotel sold out of administration to Yorkshire firm with plans to invest
Leisure & Touism
The Sea Hotel near Ocean Beach Pleasure Park had continued to trade after insolvency specialists were called in last year
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Welsh marina group goes into administration
Insolvency and Administration
Director Chris Odling-Smee said he is assisting the administration process in the hope of raising funds
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One of Wales' biggest food firms goes into administration with more than 200 jobs lost
Food and Drink
Tillery Valley Foods has blamed its collapse on spiralling food and energy costs
Bookmark
Covid-19 testing firm that earned millions from pandemic owed over £3.5m when it collapsed
North West
The business had operations in Cumbria and Manchester
Bookmark
Company behind Anthony Joshua-backed muscle therapy and recovery brand Pulseroll enters liquidation
North West
Pulseroll's customers have included the likes of Sale Sharks, Burnley FC, Salford City FC as well as British Rowing and Leicester City FC
Bookmark
Amigo Loans chief executive resigns from troubled lender’s board
Finance
The Bournemouth-based company is in the process of winding down ahead of being liquidated
Bookmark
South West accountancy firm promotes record number of partners in 104-year history
Appointments
PKF Francis Clark has announced a raft of new appointments
Bookmark
Almost £3m owed by company behind Real Housewives of Cheshire star Seema Malhotra's Forever Unique ahead of liquidation
North West
Forever Unique is still trading and being run by a new operating company
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Buyout deal for Elite Emergency Medical Services
West Midlands
Tamworth private ambulance and medical training company acquires rival out of administration
Bookmark
Expert warns of ‘record high’ business failures in 2023
Insolvency and Administration
There were 5,747 company insolvencies between January and March this year
Bookmark
Preferred buyer identified for landmark four-star hotel after administration collapse
North West
The administrators 'remain hopeful' that a deal can be reached
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Begbies Traynor strikes multi-million pound deal for chartered surveyors Banks Long & Co
Deals
The national business advisors and restructuring specialist said further acquisitions are also planned
Bookmark
Warning on North East economy despite small dip in insolvency numbers
Insolvency and Administration
Insolvency group R3 said there were still tough times for many firms in the region
Bookmark
Black Sheep Brewery lines up administrators as search for rescue buyer fails
Food and Drink
The North Yorkshire-based business said it had been hit very hard by the pandemic
Bookmark
Company behind former Real Housewives of Cheshire star Tanya Bardsley's clothing brand enters liquidation
North West
Mrs Bardsley is a model and reality television personality and is married to professional footballer Phil Bardsley who currently plays for Stockport County
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